Figure AI Raises New Funding Round to Scale Humanoid Robot Production
The robotics startup plans to use the capital to expand manufacturing of its latest humanoid robot for warehouse logistics.
Humanoid robotics startup Figure AI has closed a new funding round to expand production of its latest robot, which is being piloted in warehouse and logistics settings by several large retail and shipping partners.
The company says the new capital will go toward scaling its manufacturing line and continuing development of the foundation model that powers the robot's manipulation and navigation capabilities, as competition in humanoid robotics intensifies across the industry.
Originally published by TechCrunch.